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Inpex dived two percent in Tokyo. "That is a disaster", he said. The meeting brought together the 14-member group and its non-OPEC allies including Russian Federation in Vienna , Austria, for a two-day meeting which began on Wednesday. Last week, Saudi Arabia and Russian Federation agreed on the need to prolong the current agreement on cuts. OPEC accounts for a third of global oil production and includes numerous world's largest oil exporters such as Saudi Arabia and Qatar.

Saudi Arabia and Russian Federation agreed to extend the current 1.8 million barrels per day (bpd) crude supply cut for another nine months, which was scheduled to end next month. US West Texas Intermediate (WTI) crude futures were at $48.61 per barrel, up 77 cents, or 1.6 percent. On Monday, Russia and Saudi Arabia called for extending the output cuts ahead of an OPEC meeting on May 25.

The stock has an average rating of Buy and a consensus target price of C$26.86. 08/10/2016 - Barrick Gold Corporation had its " rating reiterated by analysts at Argus. If you are viewing this article on another website, it was illegally copied and reposted in violation of US & global copyright and trademark laws. The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th.

China's local currency and foreign currency senior unsecured debt ratings are downgraded to A1 from Aa3. Mei Xinyu, a researcher at China's Ministry of Commerce, wrote in a front page editorial of the paper's overseas edition the downgrade, Moody's first for China since 1989, overstated China's reliance on stimulus and the country's debt levels.

The upgrade to 1.2 percent reflected new-found strength in consumer spending , business investment and state and local government spending . But analysts are skeptical that fiscal stimulus, if it materializes, will fire up the economy given weak productivity and labor shortages in some areas.

The average price of $2.09 is almost 3 cents less than this time previous year, according to AAA , in which data is collected from credit card swipes and direct feeds from 120,000 gas stations nationwide, in cooperation with OPIS and Wright Express.

On Thursday, the cartel and other major oil-producing countries extended a production cut that has done little to bolster crude prices. " Nine months with the same level of production that our member countries have been producing at is a very safe and nearly certain option to do the trick", Saudi energy minister Khalid al-Falih told reporters.

The announcement came from the World Bank President Jim Yong Kim as the Trump family visited Saudi Arabia . Israeli officials say they are largely in the dark about what ideas Trump might present for peace or what concessions he may demand.

Hannity has maintained his support of the theory, which said Rich was killed because he leaked thousands of emails to WikiLeaks last July. Fox retracted the story on Tuesday , but Hannity didn't let up. His family denies that and no evidence has emerged to back up the claim, which has been the subject of conspiracy theories. At first Hannity refused to retract anything.

On the revenue side, the government would introduce measures for bringing improvement in the system of tax collection, broadening the tax base, and facilitation to taxpayers, they said and argued that strong revenue generation will play a crucial role in achieving the targets for economic growth.